Italica Floor Tiles Private Limited

Manufacturer and trader of tiles, incorporated in 2004 with registered office in Gujarat.

2004 | Rajkot, Gujarat (India) | Active
Last Updated:

Italica Floor Tiles Profile

Key Indicators

  • Authorised Capital ₹ 10.70 Cr
  • Paid Up Capital ₹ 10.69 Cr
  • Company Age 20 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 111.38 Cr
  • Satisfied Charges ₹ 29.46 Cr
  • Revenue Growth -52.54%
  • Profit Growth -1606.02%
  • Ebitda -90.73%
  • Net Worth -30.43%
  • Total Assets -33.24%

About Italica Floor Tiles

Italica Floor Tiles Private Limited (IFTPL) is a leading Private Limited Indian Non-Government Company incorporated in India on 28 September 2004 and has a history of 20 years and six months. Its registered office is in Rajkot, Gujarat, India.

The Corporate was formerly known as Italica Floor Tiles Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.70 Cr and a paid-up capital of Rs 10.69 Cr.

The company currently has active open charges totaling ₹111.38 Cr. The company has closed loans amounting to ₹29.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

Shaileshbhai Vasnani, Umeshbhai Dhoriyani, and Mehul Koringa serve as directors at the Company.

Company Details

  • Location

    Rajkot, Gujarat, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    U26933GJ2004PTC044818

  • Company No.

    044818

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    28 Sep 2004

  • Date of AGM

    20 Sep 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Unlisted

  • ROC Code

    Roc Ahmedabad

Industry

Manufacturing

Who are the key members and board of directors at Italica Floor Tiles?

Executive Team (1)

NameDesignationAppointment DateStatus
Shaileshbhai Vasnani Country flag representing In Managing Director28-Sep-2004Current

Board Members (2)

NameDesignationAppointment DateStatus
Umeshbhai Dhoriyani Country flag representing In Whole-Time Director 15-Feb-2012Current
Mehul Koringa Country flag representing In Director 30-Jul-2015Current

Financial Performance of Italica Floor Tiles.

Italica Floor Tiles Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 52.54% decrease. The company also saw a substantial fall in profitability, with a 1606.02% decrease in profit. The company's net worth observed a substantial decline by a decrease of 30.43%.

Italica Floor Tiles revenue growth over time
Italica Floor Tiles profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
-52.54%
Revenue from Operations
-52.97%
Total Assets
-33.24%
Profit or Loss
-1606.02%
Net Worth
-30.43%
EBITDA
-90.73%

What is the Ownership and Shareholding Structure of Italica Floor Tiles?

In 2023, Italica Floor Tiles had a promoter holding of 66.60% and a public holding of 33.40%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹111.38 Cr

Satisfied Charges

₹29.46 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 69.48 Cr
  • Others : 41.90 Cr

Latest Charge Details

DateLenderAmountStatus
11 Mar 2022Others₹41.90 CrOpen
14 Mar 2008Hdfc Bank Limited₹34.74 CrOpen
23 Jul 2007Hdfc Bank Limited₹34.74 CrOpen
23 Jul 2007Hdfc Bank Limited₹10.65 CrSatisfied
09 Jun 2005State Bank Of India₹8.33 CrSatisfied

How Many Employees Work at Italica Floor Tiles?

Italica Floor Tiles has a workforce of 13 employees as of Apr 06, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Italica Floor Tiles Private Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Italica Floor Tiles, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Italica Floor Tiles's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Italica Floor Tiles

Recent activity within the organization

  • Annual General Meeting

    Italica Floor Tiles Private Limited last Annual general meeting of members was held on 20 Sep 2024 as per latest MCA records.

  • Balance Sheet

    Italica Floor Tiles Private Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Ahmedabad.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 34.74 Cr registered on 23 Jul 2007 with Charge ID 10066625 was modified on 13 Jul 2022.

  • Charges

    A charge with Hdfc Bank Limited of Rs. 34.74 Cr registered on 14 Mar 2008 with Charge ID 10102045 was modified on 11 Jul 2022.

  • Charges

    A charge with Others amounted to Rs. 41.90 Cr with Charge ID 100552536 was registered on 11 Mar 2022.

  • Director Appointment

    Mehul Laxmanbhai Koringa was appointed as a Director was appointed as a Director on 30 Jul 2015 & has been associated with this company since 9 years 8 months .

Frequently asked questions

  • What is the Incorporation or founding date of Italica Floor Tiles Private Limited?

    Italica Floor Tiles Private Limited was incorporated on 28 Sep 2004.

  • What is authorized share capital and paid-up capital of Italica Floor Tiles Private Limited?

    The authorized share capital of Italica Floor Tiles Private Limited is ₹ 10.70 Cr and paid-up capital is ₹ 10.69 Cr.

  • Who are the current board members & directors of Italica Floor Tiles Private Limited?

    Currently 3 directors are associated with Italica Floor Tiles Private Limited.

    • Shaileshbhai Govindbhai Vasnani
    • Umeshbhai Devshibhai Dhoriyani
    • Mehul Laxmanbhai Koringa

  • What is the registered address of Italica Floor Tiles Private Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Italica Floor Tiles Private Limited is Survey No. 111 112 Bandhunagar, At. Makansar India, Tal - Morbi, Gujarat, 363642.

  • What is the corporate identification number (CIN) and company number of Italica Floor Tiles Private Limited?

    The corporate identification number (CIN) of Italica Floor Tiles Private Limited is U26933GJ2004PTC044818 and the company number is 044818 as per Ministry of Corporate Affairs (MCA).

  • What is the official website of Italica Floor Tiles Private Limited?

    The Official website of Italica Floor Tiles Private Limited is https://www.italicatiles.com

  • What has been the recent revenue trend for Italica Floor Tiles Private Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Italica Floor Tiles Private Limited has fallen by -52.54%.

  • How many employees does Italica Floor Tiles Private Limited currently have?

    As Per 2023 financial reports, 13 employees are currently employed by Italica Floor Tiles Private Limited.

  • What change has been observed in the net worth of Italica Floor Tiles Private Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Italica Floor Tiles Private Limited has experienced an downturn of -30.43%.

  • What are the total open charges for Italica Floor Tiles Private Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Italica Floor Tiles Private Limited amount to ₹ 111.38 Cr.

  • When was the last Balance Sheet of Italica Floor Tiles Private Limited filed with the ROC?

    The most recent Balance Sheet for Italica Floor Tiles Private Limited was filed with the ROC on 31 Mar 2024.

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